Coinbase CEO Brian Armstrong has expressed optimism that long-awaited U.S. crypto market structure legislation could advance in the months ahead as lawmakers work toward regulatory clarity.
Armstrong’s comments reflect growing momentum in Washington for legislation that would establish a clearer framework for overseeing digital assets, potentially resolving long-standing uncertainty around how markets, trading platforms and decentralized finance should be regulated.
In recent interviews and meetings with U.S. senators, Armstrong said there is strong bipartisan support for a market structure bill that lawmakers hope could be completed in due course. He noted that both Democrats and Republicans appear committed to advancing the legislation, which industry watchers view as a major step toward clarity around digital asset rules.
Armstrong has also participated in roundtable discussions with lawmakers from both parties, where industry leaders outlined priorities and concerns about the draft language. According to public remarks, roughly 90% of the key issues in the Senate version of the bill are understood and close to agreement among decision-makers
Why It Matters
A crypto market structure bill is widely seen as a foundational piece of U.S. financial law that could define the roles of agencies such as the Securities and Exchange Commission and the Commodity Futures Trading Commission in overseeing digital assets. Many in the industry argue that clear rules would unlock greater institutional participation, improve investor protections and reduce legal ambiguity that has dogged firms and projects for years.
Support from both sides of the aisle could help the measure move out of committee and toward a full vote, though timing remains uncertain amid broader political and procedural challenges in Congress. If enacted, such a law could reshape the regulatory landscape for exchanges, trading platforms and crypto products, potentially increasing confidence among cautious market participants.
Context for Bitcoin and Crypto Markets
While Armstrong’s comments focus on legislative progress rather than specific price predictions, broader regulatory clarity is frequently cited by analysts as a catalyst for greater adoption of Bitcoin and other digital assets. A clearer market structure could reduce risk premiums for institutional holders and clarify obligations for market participants.
Industry observers note that the passage of stablecoin legislation earlier has already contributed to incremental clarity in one corner of the digital asset world. A comprehensive market structure law could build on that foundation and provide a more predictable environment for long-term investment and innovation.
Conclusion
Coinbase’s CEO remains upbeat about prospects for bipartisan support of a crypto market structure bill. While passage is not guaranteed and political hurdles remain, renewed optimism among lawmakers and industry leaders suggests the measure could advance in the coming year.
